Latest news with #KaveriSeedCompany
Business Upturn
16-07-2025
- Business
- Business Upturn
Kaveri Seeds, Dhanuka Agritech, Mangalam Seeds in focus as cabinet likely to clear PM Dhan Dhanya Krishi Yojana for 100 low-productivity districts
By Aditya Bhagchandani Published on July 16, 2025, 10:55 IST Shares of Kaveri Seed Company, Dhanuka Agritech, and Mangalam Seeds were in focus on Tuesday, trading higher as reports suggested the Union Cabinet is likely to approve the PM Dhan Dhanya Krishi Yojana aimed at boosting farm productivity in 100 low-productivity districts. KAVERI SEEDS, DHANUKA AGRI , MANGALAM SEEDS IN FOCUS CABINET IS LIKELY TO APPROVE PM DHAN DHANYA KRISHI YOJANA FOR 100 LOW-PRODUCTIVITY DISTRICTS — RedboxGlobal India (@REDBOXINDIA) July 16, 2025 At around 10:50 AM, Kaveri Seeds was trading at ₹1,159, up 0.38%; Dhanuka Agritech stood at ₹1,725.80, up 1.21%; and Mangalam Seeds rose 0.57% to ₹175. These gains come amid optimism around the expected policy announcement. The plan, first outlined in the Union Budget on February 1, 2025, seeks to benefit around 1.7 crore farmers by enhancing crop productivity, improving irrigation facilities, and strengthening both long-term and short-term credit access. The scheme is designed to integrate existing initiatives and target districts with low yields, poor sowing patterns, and weak credit metrics. According to the February release, the scheme's key objectives include promoting diversified and sustainable farming practices, expanding storage infrastructure at the panchayat and block levels, and increasing the availability of climate-resilient seeds. Further, the program aims to facilitate skill development, investments, and technology adoption in rural areas to create employment opportunities, reduce migration, and enhance farmers' income. Finance Minister Nirmala Sitharaman had noted then that the scheme would specifically assist small and marginal farmers, rural women, and landless families by fostering modernisation, encouraging enterprise development, and ensuring fair prices for produce. With the Cabinet now reportedly set to give the formal go-ahead, agri-input and seed companies stand to gain from higher demand for quality seeds, irrigation products, and farm advisory services as the scheme is implemented in the identified districts. Investors will closely watch for the official announcement and further details on implementation timelines and budgetary allocation. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Standard
19-05-2025
- Business
- Business Standard
Kaveri Seed Company reports consolidated net loss of Rs 22.94 crore in the March 2025 quarter
Sales decline 8.24% to Rs 90.25 crore Net Loss of Kaveri Seed Company reported to Rs 22.94 crore in the quarter ended March 2025 as against net loss of Rs 0.27 crore during the previous quarter ended March 2024. Sales declined 8.24% to Rs 90.25 crore in the quarter ended March 2025 as against Rs 98.35 crore during the previous quarter ended March 2024. For the full year,net profit declined 5.83% to Rs 281.33 crore in the year ended March 2025 as against Rs 298.74 crore during the previous year ended March 2024. Sales rose 4.93% to Rs 1204.97 crore in the year ended March 2025 as against Rs 1148.41 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 90.2598.35 -8 1204.971148.41 5 OPM % -18.33-12.07 - 24.1524.89 - PBDT -3.9213.07 PL 337.05348.79 -3 PBT -19.613.42 PL 297.22320.77 -7 NP -22.94-0.27 -8396 281.33298.74 -6
